insurance
HKIA and SFC probe Tahoe Life's investment dealings
HKIA appointed last week joint and several managers to take control of the insurer.
HKIA and SFC probe Tahoe Life's investment dealings
HKIA appointed last week joint and several managers to take control of the insurer.
Hive Health secures $6.5m in Pre-Series A funding
It aims to expand healthcare access for SMEs in the Philippines.
Singapore insurers thrive under RBC 2 Regime
MAS had introduced the capital regime back in 2004.
State-insurer allocates P18.5b for emergency loans in calamity areas
Three in 17 regions were declared calamity areas by tropical storm Carina.
Taishan P&C’s efforts to improve underwriting boost
Increased investment in asset management products has slightly reduced liquidity.
Insurance authority intervenes amidst Tahoe Life financial woes
Despite appointing advisors in 2023, the insurer failed to provide deliverables.
Aon’s net income dips 1% YoY in H1 2024
This was equivalent to $1.63b.
China Re to expand role in agri and catastrophe coverage
The group is also likely to continue its international expansion.
Zurich Australia becomes preferred insurer of Tesla
The CEO said there has been an uptick in EV demand.
MSI China’s capital buffers stay healthy in 2024
The insurer's Japanese-related business will continue to drive its underwriting profit.
Malaysian motor insurance set for 7.5% growth by 2028
The industry is seen to account for more than 45% of the general insurance sector.
WTW reels in new president for risk and broking
She has over two decades of experience in the industry.
Cyber insurance faces up to 10% loss from CrowdOut
Insured losses for standalone cyber insurance to reach up to $1.5b.
Embedded value of Asia's life insurers grows 7.2% in 2023
Japan and Taiwan post strong gains in insurer-embedded value.
Red flags raised in Singapore's malpractice claims environment
These cases could see increased awards and higher premiums.
Sompo China secures strong solvency amid dividends
In 2024, it paid $8.6m in dividends, representing 80% of its 2023 earnings.
WTW’s net income surges 48% YoY in Q2 2024
Its revenue increased by 5% YoY to $2.3b.
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1. bolttech secures $50m venture debt from HSBC, expands market 2. Life insurance premiums forecast to grow by 3% yearly until 2026 3. Prudential launches AI lab in Singapore 4. Manulife enters into $5.4b reinsurance agreement with Reinsurance Group of America 5. APAC emerges as leader in renewables insuranceResource Center
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Humans need to be in insurance’s genAI loop
![Humans need to be in insurance’s genAI loop]()
Insurance
Employees still need to interpret AI-generated data and make decisions to minimise risks.
Employees still need to interpret AI-generated data and make decisions to minimise risks.
